• Crypto DeFi Digest
Mon January 23

FIGURE: GMX BLUEBERRY CLUB MEMBER AND STFX PEPE ATTRACTING RETAIL LIQUIDITY TO THE SLAUGHTERHOUSE UNDER THE GUISE OF EDUCATION In our last issue of DeFi Digest (On Tokenomics), we acknowledged that multiple projects with weak tokenomics have performed well in the past. This points towards...

Degen Edition - STFX
  • Crypto DeFi Digest
Thu January 12

On Tokenomics

FIGURE: A TEAM OF PEPES CONCOCTING THE PERFECT TOKENOMICS Tokenomics (a portmanteau for token and economics) represents the monetary policy of tokens that directly contributes to their price fluctuations. In bull markets, tokenomics were given utmost priority, sometimes constituting full theses for investment decisions. When the euphoria wears off in...

  • Crypto DeFi Digest
Thu December 22, 2022

Z2O - Decentralized Perpetual Futures

FIGURE: GMX BLUEBERRY CLUB MEMBER TRADING USING GNS NFTS WHILE DYDX HEDGIES WATCH INTRODUCTION AND OPPORTUNITY In the last issue of DeFi Digest, we dove into decentralized options, a ‘Zero-to-One’ primitive that can onboard the next wave of DeFi users. Perhaps long overdue, this week we dive into decentralized perpetual...

  • Crypto DeFi Digest
Tue December 6, 2022

Z2O - Decentralized Options

FIGURE: QUANT PEPES TAKING TURNS PREACHING DECENTRALIZED OPTIONS INTRODUCTION AND OPPORTUNITY Options are one of the most popular derivatives in traditional markets among institutional and retail investors. Due to their versatility, traders use options to hedge existing positions, speculate on a security's directional moves, or generate income. In 2021 alone,...

  • Crypto DeFi Digest
Tue November 22, 2022

FDV No Longer A Meme

FIGURE: PEPE SIMPSON REMINDING HIMSELF THAT FDV IS NO LONGER A MEME In light of recent events, it’s safe to assume that crypto winter has come to an end and that we have officially entered crypto’s ice age. SBF et al not only defrauded investors of Alameda Research and customers...

  • Crypto DeFi Digest
Wed October 26, 2022

Z2O - Undercollateralized Lending

FIGURE: PEPE TRYING TO GET AN UNCOLLATERALIZED LOAN ZERO-TO-ONE (Z2O) SERIES Given the decentralization and transparency benefits of blockchains, many have pointed to DeFi as crypto’s ‘killer use case.’ After all, finance today is built along opaque and slower traditional finance rails ripe for disruption by distributed ledger technology. Sobering...

  • Crypto DeFi Digest
Wed September 28, 2022

DeFi Metrics

FIGURE: PEPE FORMULATING DEFI METRICS Since DeFi’s summer ‘20 peak, the general crypto narrative has indisputably shifted away from DeFi, to Web 3.0 and gaming. Granted, the next billion users to crypto are more likely to onboard through gaming than the 69th fork of Uniswap. Yet, many still rely on...

  • Crypto DeFi Digest
Thu August 11, 2022

Bridging 101

FIGURE: PEPE CROSSING BRIDGES TO EXPLORE ALTERNATE LAYER 1S / LAYER 2S Although ETH remains the dominant Layer 1 for most on-chain activity, alternate Layer 1s have demonstrated product-market fit throughout the bull market run of ‘20/’21. Solana ($SOL) emerged as the ‘high-throughput chain’ focused on complex DeFi / gaming,...

  • Crypto DeFi Digest
Wed July 27, 2022

A Basic Walkthrough of Leverage Creation in DeFi

CORRECTION: IN THE FIRST DISTRIBUTION OF ‘DEFI DIGEST 14: A REFLECTION ON LIQUIDITY DYNAMICS THROUGH THE CONTAGION & GHO STABLECOIN’, WE INCORRECTLY REFERENCED VOYAGER INSTEAD OF CELSIUS AS HAVING A 1.2B HOLE IN ITS BALANCE SHEET. THE AMOUNT LENT TO 3AC BY VOYAGER WAS $350M IN USDC AND 15,250 IN...

  • Crypto DeFi Digest
Fri July 22, 2022

A Reflection on Liquidity Dynamics Through the Contagion and GHO Stablecoin

FIGURE: $GHO LAUNCHING AMIDST THE BLOWUPS AROUND IT Seeing the CeFi realm blowing up around us, it is perhaps pertinent to reflect and hammer the lessons into our collective crypto consciousness. Drawing from CeFi, DeFi and Everything in Between, it is clear now that Celsius, BlockFi, and Voyager Digital function...

  • Crypto DeFi Digest
Mon July 11, 2022

Airdrops

FIGURE: PEPE FARMING AIRDROPS TO SAVE HIS REKT PORTFOLIO _It's a Bird... It's a Plane... It's Superman an Airdrop!_ Everyone in crypto has heard of airdrops. Anyone who’s anyone, however, has actually received them. Upon receipt of a highly anticipated airdrop, the pang of dopamine from the financial implications and...